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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (14848)7/19/2002 8:59:18 PM
From: ubetcha  Read Replies (3) | Respond to of 82369
 
Searle, I do not see how you can be more bearish than me. P/E ratios show me that the market can still fall by 50% from where it is. That does not even count how markets tend to overshoot both on the upside (as we have already seen in a big way), as well as the downside. I definitely see some real bloodshed ahead too. It may take us a long long time for this market to recover, and we are not even at the "bottom" yet. Alan must have marshalled his troops today as requested. Doug was watching our flank. Interesting that the big boyz did not even show their heads in gold or the markets today. Monday may tell us whether they have truly run out of ammo, or have given up.

Terry

Terry